Karnataka team in Mumbai to woo investors

Ahead of a global investors conference in the Karnataka capital two months from now, Karnataka industry minister Murugesh Nirani and a high level team of bureacrats are camping at Mumbai's Taj Mahal Palace hotel for one on one meetings with top industry captains and a dinner slide-show presentation.

advertisement

STEPHEN DAVID

April 1, 2010

UPDATED: April 1, 2010 16:31 IST

Ahead of a global investors conference in the Karnataka capital two months from now, Karnataka industry minister Murugesh Nirani and a high level team of bureacrats are camping at Mumbai's Taj Mahal Palace hotel for one on one meetings with top industry captains and a dinner slide-show presentation.

Karnataka principal secretary, commerce and industries, V.P. Baligar told India Today that his team has planned one on one meetings with industry tycoons like Ashok Hinduja, Adi Godrej and Harsh Goenka through the day which will be followed by a dinner meeting for nearly 250 potential investors at the Tata-owned 100-year-old iconic revamped hotel at Apollo Bunder by the Arabian Sea.

Hinduja brothers were earlier this month voted Britain's richest Asians only next to steel sultan Lakhmi Nivas Mittal, majority owner of the world's largest steel company ArcelorMittal, who was requested by chief minister Yeddyurappa when the duo met in New Delhi earlier this year to keynote and be chief guest at the June 2010 global investors conference in Bangalore.

Baligar, an IIT Mumbai gold medallist who later joined the IAS, said the Karnataka government "has a very robust policy to attract investments and investors to the state". He said his team will give a detailed audio/visual presentation on the landbank for industries and "showcase the improved infrastructure position" in the state.

More than two years ago the Hinduja brothers had sought the state Government's permission to build an international convention centre on land owned by them near Yelahanka in Bangalore. Yeddyurappa had assured his help to this global conglomerate if they were to invest in infrastructure projects like power and tourism in Karnataka.